Klarna Sued Over IPO Disclosures as Investor Deadline Set in Securities Case

Overview

• Robbins Geller Rudman & Dowd and Bronstein, Gewirtz & Grossman announced the case and urged IPO investors in NYSE: KLAR to come forward.
• The complaint claims Klarna’s registration statement understated the likelihood that credit-loss reserves would climb within months due to buy-now-pay-later risk.
• Plaintiffs point to a November 18 Bloomberg report that Klarna posted a $95 million net loss and recorded $235 million in loan-loss provisions, topping analyst estimates of about $216 million.
• Klarna’s September 10, 2025 IPO sold roughly 34 million shares at $40 each, and the stock later traded as low as $31.31.
• The suit, captioned Nayak v. Klarna Group plc, No. 25-cv-07033 (E.D.N.Y.), names the company along with certain executives, directors, authorized representatives, and IPO underwriters.